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UltraTech Cement launches wires and cables unit Ultravolt with $190.5m plan

UltraTech Cement launched its wires and cables business, Ultravolt, with a planned investment of 18 billion rupees ($190.5 million). It is the Aditya Birla Group’s fourth new business foray in three years.

ULTRACEMCO

India's UltraTech Cement NSE:ULTRACEMCO on Thursday launched its wires and cables business, Ultravolt, with a planned investment of 18 billion rupees ($190.5 million), marking the Aditya Birla Group's fourth new business foray in three years.($1 = 94.4850 Indian rupees)